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Go-broke dates delayed for Social Security, Medicare

A stronger-than-expected economic recovery from the pandemic has pushed back the go-broke dates for Social Security and Medicare, but officials warn that the current economic turbulence is putting additional pressures on the bedrock retirement programs.

Four of five Americans are choosing to reallocate their savings

Is your savings account adding up in the way you'd like right now? A new banking study shows four of five Americans are choosing to reallocate their savings. Host Teri Barr is talking with Chanelle Bessette, a Banking Expert with NerdWallet, to learn more about the study, the trends it reveals, and a few signs to keep an eye on if you are considering other savings options. Previous Pennywise episodes featuring Chanelle: What the Increase in the Federal Interest Rate Means for You and Your Money The latest from Chanelle Hope Credit Union Review: Savings, Checking and CDs How to Save More When Inflation Makes Your Money Count Less Varo vs. Chime: Which Is Better for You? Support the show: https://omny.fm/shows/pennywise See omnystudio.com/listener for privacy information.